Recent 8-K filings for SOHOO

• March 27, 2026, 7:59 PM ET other material materiality 0.85 negative item 1.01item 3.01item 8.01item 9.01 ◈ Material Agreements

  Sotherly Hotels to delist preferred stock from Nasdaq; preferred holders convert 3.2M shares for $58.8M cash

  Consulting agreement with KWC Management for $650K annual fee, initial term to Feb 11, 2027.

• February 27, 2026, 6:59 PM ET other material materiality 0.35 neutral item 8.01item 7.01item 9.01

  Sotherly Hotels notifies preferred holders of change-of-control conversion; deadline March 20

  Series B preferred may convert at $18.656708/share, Series C at $19.132650, Series D at $16.642013.

• February 18, 2026, 6:59 PM ET M&A materiality 0.90 neutral item 1.01item 1.02item 2.01item 2.03item 3.01item 3.03item 5.01item 5.02item 5.03item 7.01item 8.01item 9.01 ◈ Debt Financings ×2◈ Governance Changes◈ M&A Transactions

  Sotherly Hotels completes acquisition by KW Kingfisher; shareholders get $2.25/share

  Merger closed Feb 12, 2026; each common share converted to $2.25 cash, no interest.

• January 22, 2026, 6:59 PM ET M&A materiality 0.75 neutral item 5.07item 8.01item 9.01

  Sotherly Hotels stockholders approve merger; expected close Q1 2026 at $2.25/share

  Shareholders voted 11,803,072 FOR (98.2%) to approve merger with KW Kingfisher LLC joint venture.

• December 17, 2025, 6:59 PM ET debt materiality 0.75 negative item 1.01item 9.01 ◈ Material Agreements

  Sotherly enters forbearance on Georgian Terrace hotel; lender agrees no foreclosure until June 2026

  Entered forbearance agreement with Wilmington Trust on $37.7M mortgage; lender will not foreclose before June 1, 2026.

• November 17, 2025, 6:59 PM ET other materiality 0.15 neutral item 5.07

  Sotherly Hotels 2025 annual meeting results: all director nominees elected, say-on-pay approved

  Six directors elected: Caldwell, Folsom, Gibson, Robertson, Sims, Zinni with over 6.7M votes for each.

• November 14, 2025, 6:59 PM ET debt materiality 0.90 negative item 1.02item 2.04 ◈ Debt Financings

  Sotherly Hotels: parking garage sale terminated by buyer; mortgage default of $49.3M received

  Buyer Banyan Street Capital terminated the $17.75M parking garage sale for Georgian Terrace hotel on November 13, 2025.

• October 27, 2025, 7:59 PM ET M&A materiality 0.90 neutral item 1.01item 2.03item 7.01item 9.01

  Sotherly Hotels agrees to be acquired by KW Kingfisher for $2.25 per share in cash

  Cash consideration of $2.25 per common share; preferred holders may convert to common to receive same amount.

• October 27, 2025, 7:59 PM ET dividend materiality 0.75 negative item 7.01item 9.01

  Sotherly defers preferred dividends on three series, suspends future payments

  Deferred Series B, C, D preferred dividends due Nov 20, 2025; Oct 31 record date cancelled.

• October 21, 2025, 7:59 PM ET leadership materiality 0.25 neutral item 5.02

  Director Herschel J. Walker resigns from Sotherly Hotels board effective Oct. 17, 2025

  Herschel J. Walker resigned as a member of the board of directors of Sotherly Hotels Inc., effective October 17, 2025.

• September 17, 2025, 7:59 PM ET debt materiality 0.70 neutral item 2.03item 7.01item 9.01 ◈ Debt Financings

  Sotherly Hotels secures $42M mortgage loan on Savannah's DeSoto Hotel at 7.13% fixed rate

  $42M principal, 7.13% fixed interest, matures October 6, 2030; interest-only payments.

• September 17, 2025, 7:59 PM ET other material materiality 0.55 neutral item 4.01item 9.01 ◈ Auditor Changes ×2

  Sotherly Hotels dismisses Forvis Mazars, appoints Cherry Bekaert as auditor

  Audit Committee dismissed Forvis Mazars effective Sep 11, 2025; no adverse opinions or disagreements in prior two fiscal years.

• September 11, 2025, 7:59 PM ET other material materiality 0.45 neutral item 1.01item 1.02

  Sotherly Hotels extends parking garage sale investigation period to Sept 30 after buyer rescinds termination

  Banyan Street Capital terminated the $17.75M parking garage sale on Sept 5, 2025.

• August 13, 2025, 7:59 PM ET regulatory materiality 0.70 negative item 3.01 ◈ Listing & Compliance Notices

  Sotherly Hotels gets 180-day extension to Feb 9, 2026 for bid compliance; stock moves to Nasdaq Capital Market

  Received Nasdaq notice on Aug 12, 2025 granting additional 180 days (until Feb 9, 2026) to meet $1.00 minimum bid price.

• August 12, 2025, 7:59 PM ET earnings materiality 0.70 negative item 2.02item 9.01

  Sotherly Hotels Q2 2025 net loss to common of $0.4M; FFO per share down 43% YoY

  Total revenues $48.8M, down 3.7% from $50.7M in Q2 2024.

• July 30, 2025, 7:59 PM ET M&A materiality 0.70 neutral item 1.01

  Sotherly Hotels to sell Georgian Terrace parking garage for $17.75M, pay down defaulted mortgage

  Seller (SOHO Atlanta affiliate) entered agreement to sell parking garage at Georgian Terrace to Banyan Street Capital for $17.75M.

• July 18, 2025, 7:59 PM ET other materiality 0.15 neutral item 8.01

  Sotherly Hotels sets 2025 Annual Meeting for Nov 17; proposal deadline July 28

  2025 Annual Meeting scheduled for November 17, 2025; record date September 18, 2025.

• July 2, 2025, 7:59 PM ET debt materiality 0.80 negative item 2.04item 7.01item 9.01 ◈ Debt Financings

  Sotherly Hotels receives $38M default notice on Georgian Terrace mortgage loan

  Received Notice of Default on $38.0M mortgage loan for Georgian Terrace in Atlanta on June 26, 2025.

• May 13, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Sotherly Hotels Q1 net income $4.7M vs $1.3M; revenue up 3.8% to $48.3M

  Net income attributable to common stockholders $2.7M vs $(0.7M) loss; diluted EPS $0.13 vs $(0.03).

• March 13, 2025, 7:59 PM ET earnings materiality 0.60 negative item 2.02item 9.01

  Sotherly Hotels Q4 net loss per share expands to $0.16, FFO per share drops to $0.08

  Total revenue $43.95M, up 4.3% YoY from $42.15M.

• February 14, 2025, 6:59 PM ET regulatory materiality 0.50 negative item 3.01 ◈ Listing & Compliance Notices ×2

  Sotherly Hotels receives Nasdaq bid price deficiency notice for common stock

  Received Nasdaq notice on Feb 11, 2025 that common stock bid price below $1.00 for 30 consecutive business days.

• November 12, 2024, 6:59 PM ET earnings materiality 0.60 negative item 2.02item 9.01

  Sotherly Hotels Q3 net loss widens to $0.29/share; revenue up 3.9% to $40.7M

  Net loss attributable to common stockholders was $5.6M ($0.29 diluted EPS) vs $3.9M ($0.20) in Q3 2023.

• November 7, 2024, 6:59 PM ET other material materiality 0.50 neutral item 1.01item 9.01

  Sotherly Hotels amends master agreement with related-party manager Our Town; term extended to March 2035

  A&R Master Agreement removes minimum NOI guarantee, governance/personnel requirements for Our Town, and management fee advance concept.

• November 6, 2024, 6:59 PM ET regulatory materiality 0.60 neutral item 8.01

  Sotherly Hotels files late Q1 10-Q; Nasdaq grants Nov 18 deadline for Q2 filing

  Filed Q1 2024 Form 10-Q on Nov 5, 2024, resolving that delinquency.

• August 23, 2024, 7:59 PM ET regulatory materiality 0.65 negative item 3.01item 7.01item 9.01

  Sotherly Hotels gets Nasdaq deficiency notice for delayed Q2 2024 10-Q filing

  Received Nasdaq notice on August 20, 2024 for failure to timely file Form 10-Q for quarter ended June 30, 2024.

• August 15, 2024, 7:59 PM ET debt materiality 0.50 neutral item 2.03

  Sotherly Hotels secures $5M second mortgage on DeSoto hotel at 7.5% fixed rate

  Second mortgage loan of $5.0 million on DeSoto hotel in Savannah, GA, with MONY Life Insurance.

• August 13, 2024, 7:59 PM ET earnings materiality 0.60 negative item 2.02item 9.01

  Sotherly Hotels Q2 2024 revenue $50.7M (+3.4% YoY); diluted EPS $0.13 vs $0.16

  Net income attributable to common stockholders $2.62M vs $3.13M in Q2 2023.

• July 9, 2024, 7:59 PM ET debt materiality 0.70 positive item 2.03item 7.01item 9.01

  Sotherly Hotels secures $26.25M mortgage, $9.49M renovation tranche, and rebrands to Hotel Bellamy

  Loan from Fifth Third Bank: $26.25M initial tranche + $9.49M renovation tranche, floating SOFR+3%, 5-year maturity July 8, 2029.

• May 29, 2024, 7:59 PM ET regulatory materiality 0.60 negative item 3.01item 7.01item 9.01

  Sotherly Hotels receives Nasdaq delisting notice for late Q1 10-Q filing

  Nasdaq notice received May 22, 2024 due to failure to timely file Form 10-Q for Q1 2024.

• May 9, 2024, 7:59 PM ET earnings materiality 0.50 neutral item 2.02item 9.01 ◈ Earnings Releases

  Sotherly Hotels Q1 2024 revenue $46.5M (+7% YoY); net loss $(0.03)/share, adjusted FFO $0.26/share

  Total revenue $46.5M, up 7% YoY from $43.5M.

• May 3, 2024, 7:59 PM ET debt materiality 0.55 neutral item 7.01item 8.01item 9.01

  Sotherly Hotels amends Philadelphia loan to $35.9M, extends maturity to 2026

  Principal reduced $3M to $35.9M; maturity extended to April 2026; floating SOFR+3.5%.

• May 1, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×3

  Sotherly Hotels annual meeting elects seven directors, ratifies FORVIS, approves say-on-pay

  Seven director nominees elected: Caldwell, Folsom, Gibson, Robertson, Sims, Walker, Zinni, with votes for ranging from ~4.96M to ~5.47M.

• March 6, 2024, 6:59 PM ET earnings materiality 0.70 negative item 2.02item 9.01 ◈ Earnings Releases

  Sotherly Hotels Q4 2023 net loss $2.7M vs profit $3.1M; revenue up 2% to $42.1M

  Q4 net loss attributable to common stockholders of $2.7M vs income of $3.1M in prior year.

• March 4, 2024, 6:59 PM ET debt materiality 0.60 neutral item 8.01

  Sotherly Hotels extends Philadelphia DoubleTree mortgage maturity to April 29, 2024; negotiating 2-year extension

  Maturity on the DoubleTree by Hilton Philadelphia Airport mortgage extended from Feb 29 to Apr 29, 2024.

• February 13, 2024, 6:59 PM ET debt materiality 0.70 neutral item 2.03item 7.01item 9.01 ◈ Debt Financings

  Sotherly Hotels refinances Hotel Alba with $35M fixed-rate mortgage at 8.49%

  $35M mortgage loan from Citi Real Estate Funding Inc., interest-only, 5-year term maturing March 6, 2029, fixed rate 8.49%.

• January 29, 2024, 6:59 PM ET other material materiality 0.25 neutral item 8.01

  Sotherly Hotels extends mortgage on Philadelphia Airport DoubleTree to Feb 29, 2024

  Loan amendment with TD Bank extends maturity of DoubleTree by Hilton Philadelphia Airport mortgage by one month.

• December 29, 2023, 6:59 PM ET debt materiality 0.30 neutral item 8.01

  Sotherly extends mortgage maturity on Philadelphia Airport hotel to Jan 29, 2024

  An affiliate of Sotherly Hotels entered a loan amendment with TD Bank, effective Dec 21, 2023.

• November 9, 2023, 6:59 PM ET earnings materiality 0.65 negative item 2.02item 9.01 ◈ Earnings Releases

  Sotherly Hotels Q3 net loss of $3.9M vs prior-year profit; FFO per share $0.00

  Total revenue $39.2M, essentially flat YoY from $39.2M.

• November 1, 2023, 7:59 PM ET other material materiality 0.60 negative item 8.01

  Sotherly Hotels extends Philadelphia hotel mortgage to Dec 29; SOFR+3.5% rate; gets Q2 2023 covenant waiver

  Maturity on DoubleTree by Hilton Philadelphia Airport mortgage extended to December 29, 2023 (short-term extension from TD Bank).

• August 10, 2023, 7:59 PM ET earnings materiality 0.70 negative item 2.02item 9.01 ◈ Earnings Releases

  Sotherly Hotels Q2 net income falls to $3.1M from $24.3M; revenue up 4%

  Total revenue $49.0M, up 4% YoY from $47.2M.

• August 4, 2023, 7:59 PM ET other material materiality 0.35 neutral item 5.02item 5.03item 9.01 ◈ Governance Changes

  Sotherly Hotels adopts clawback policy, lowers stockholder quorum to 33 1/3%

  Adopted Executive Officer Incentive Compensation Recovery Policy effective Oct 2, 2023, requiring recoupment after accounting restatements.

• July 6, 2023, 7:59 PM ET earnings materiality 0.55 positive item 2.02item 9.01 ◈ Earnings Releases

  Sotherly Hotels reports preliminary Q2 2023 same-store RevPAR up 5.0% YoY to $131.16

  Q2 2023 same-store occupancy 70.6% (+1.5% YoY), ADR $187.49 (+3.3% YoY), RevPAR $131.16 (+5.0% YoY).

• May 18, 2023, 7:59 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×3

  Sotherly Hotels stockholders elect all seven director nominees, ratify FORVIS as auditor, approve say-on-pay

  All seven director nominees elected: Caldwell, Folsom, Gibson, Sims, Stein, Walker, and Zinni.

• May 11, 2023, 7:59 PM ET earnings materiality 0.60 positive item 2.02item 9.01

  Sotherly Hotels Q1 2023: Revenue $43.5M, net loss narrows to $0.03/share

  Total revenue $43.5M, up 13% YoY from $38.4M; down 8% vs Q1 2019's $47.4M.

• May 5, 2023, 7:59 PM ET debt materiality 0.50 positive item 2.03item 7.01item 9.01 ◈ Debt Financings

  Sotherly Hotels refinances DoubleTree Laurel with $10M fixed-rate loan at 7.35%

  $10M mortgage loan with Citi Real Estate Funding Inc., fixed rate 7.35%, matures May 2028.

• April 18, 2023, 7:59 PM ET other material materiality 0.25 neutral item 8.01item 2.02item 9.01

  Sotherly Hotels postpones 2023 annual meeting to May 18 due to insufficient quorum

  Annual meeting postponed from April 25 to May 18, 2023 at 9:00 a.m. ET.

• April 3, 2023, 7:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01 ◈ Earnings Releases

  Sotherly Hotels Q1 2023 same-store RevPAR up 21.4% YoY, occupancy up 11.4%

  Q1 2023 occupancy 60.5% (+11.4% YoY); ADR $189.08 (+9.2%); RevPAR $113.28 (+21.4%).

• March 2, 2023, 6:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01 ◈ Earnings Releases ×2

  Sotherly Hotels Q4 revenue $41.3M, net income $3.1M; full-year net income $25.0M

  Q4 total revenue $41.3M, up 18% YoY from $35.1M; full-year revenue $166.1M, up 30% from $127.6M.

• March 1, 2023, 6:59 PM ET debt materiality 0.50 neutral item 1.01item 2.03 ◈ Debt Financings◈ Material Agreements

  Sotherly Hotels amends Whitehall hotel mortgage; $14.2M principal, maturity extended to 2028

  Principal balance of approximately $14.2 million; maturity extended to February 26, 2028.

• January 24, 2023, 6:59 PM ET dividend materiality 0.50 positive item 7.01item 9.01

  Sotherly Hotels reinstates preferred dividends; Series B $0.50/sh, Series C $0.4921875/sh, Series D $0.515625/sh

  Series B preferred dividend reinstated at $0.50/share, payable March 15, 2023 to holders of record Feb 28, 2023.

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.90 · Median 0.60 · Most common event earnings

8 positive 17 negative 25 neutral

source · SOHOO on sec.gov